Powell is set to give a speech on Tuesday, and this is a pretty critical moment. The expectation of a rate cut is on the table—will the market take this opportunity to wick up and down and harvest some positions? The exact timing isn't clear yet, but I recommend keeping a close eye on the charts.
BTC and ETH have been moving indecisively lately, while ZEC seems to be having an independent trend. Also, I've noticed that Musk-related "puppies" concepts are gaining some attention again. If you have a high risk appetite, trying a small position isn't out of the question—but remember, don't chase with heavy positions, as volatility could be intense before the rate cut is confirmed.
Overall, take it easy with your trades over the next couple of days; it might be more prudent to wait for a signal from Powell before making any big moves.
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EntryPositionAnalyst
· 12-09 06:55
The market is very volatile, observe quietly and wait for changes.
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AllInDaddy
· 12-08 19:52
Getting close to the top, staying safe is the priority.
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BagHolderTillRetire
· 12-08 19:52
The Good Life of Crypto Newbies
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tx_pending_forever
· 12-08 19:50
Don’t get on board until the shoe drops.
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DegenDreamer
· 12-08 19:44
We must stay steady this time and not chase the highs.
Powell is set to give a speech on Tuesday, and this is a pretty critical moment. The expectation of a rate cut is on the table—will the market take this opportunity to wick up and down and harvest some positions? The exact timing isn't clear yet, but I recommend keeping a close eye on the charts.
BTC and ETH have been moving indecisively lately, while ZEC seems to be having an independent trend. Also, I've noticed that Musk-related "puppies" concepts are gaining some attention again. If you have a high risk appetite, trying a small position isn't out of the question—but remember, don't chase with heavy positions, as volatility could be intense before the rate cut is confirmed.
Overall, take it easy with your trades over the next couple of days; it might be more prudent to wait for a signal from Powell before making any big moves.